Good year for foundry
The worldwide semiconductor industry will grow 5% this year, the fabless industry will grow 8% and the foundry industry will grow 10%, says Morris Chang, Chairman of TSMC.
TSMC sales will grow by a double digit percentage in 2014, says Chang.
Q1 will see revenues dip 6% but this will be followed by a Q2 surge driven by mobile ICs.
28nm accounted for 34% of revenues in Q4 and 20nm moves into volume production in Q1.
Capex will be $9.5 billion to $10 billion.